Tag: retirement
USDC vs. Saving Bonds vs. Treasuries
There are more ways to save and invest than ever, yet most Americans have less than $1,000 in savings. Dave Ramsey (“Baby Step Millionaires”) suggests saving a $1,000 emergency fund before paying down debt. I have been talking about saving and investing recently, and even savings vs. investing. But, just because you are not comfortable…
From Zero to Zeros
When you are broke, it’s hard not to feel like a loser. It seems that everyone else in the world has it figured out except you. This especially applies to those who choose to get married early in life. My wife and I married when I was 25, and she was 22. Today is our…
A High-Value Person: Passively Earns $100,000 Annually
There have been many talks recently about High-Value Men and High-Value Women. The typical conversation states that a high-value person earns $100,000/year from their jobs. For context, the term high value doesn’t factor in morals and ethics, just income. The numbers for high-value people seem to be around 10% of males and 3% of women…
Happy Cash Flow Retirement 6
Welcome back to one of my longest-running and favorite series on my channel. I love the Happy Cash Flow Retirement series (part one, part two) because we can dream of our exciting and stress-free futures. A quick administrative note: this is article number three, but book number six. I pushed the article name to six…
Decrease Possessions. Increase Wealth.
Why do we need so much stuff? We almost go to work entirely to buy new things or collect different experiences. How much money do we actually need to survive? What is the bare minimum amount that we need for expenses? I never thought of myself as a materialistic person. However, I just finished reading…
Budget vs. Fixed Income
I will always live on a budget, but I never want to live on a fixed income. Today, my goal is to explain this statement so you understand the difference between the two—and make a choice. Budgeting. Budgeting is the key to creating, protecting, and increasing your income. If you want to be rich, you…
The Magic of Investing
Investing is an entirely different world from Saving. You can become a millionaire by using both methods, but the speed at which you achieve this status differs. Once you understand the principles, investing may interest you. What is Investing? My personal definition of investing is using money to provide financial freedom. For reference, my personal…
The Best Way to F.I.R.E.: Index Funds vs Dividend Growth vs. Income Investing
The Financial Independence Retire Early (FIRE) movement has been all the rage over the last 10-15 years. The idea is to reach a certain financial position and leave the workforce for good. Most FIRE starters also have some form of passive income, such as a blog, podcasts, or YouTube channel. But what is the best…
Your Retirement Planning Guide 2
It’s your retirement; make it how you want. With that, how do you envision yourself in retirement? Are you with a loved one or family? Where are you located? And, how much money do you have or need? These are all questions you should be asking yourself every day. I have a few housekeeping notes…
5 Steps to (Financially) Running a Household
Today I want to lay out everything I know about running a household. I will focus on the finance aspect of household operations, as my lovely wife Kristina runs the personnel side of the house. So, what are my qualifications to speak about running a household? My wife and I have been married for 15…
Your Income Should Increase Every Year
Being an employee has many perks, like not worrying about anyone other than yourself. People become used to life as an employee, often choosing this over starting a business or creating content. But three things being an employee strips you off: freedom of time, money, and location. Today, I will talk specifically about freedom of…
Become CEO of Yourself 2
The most challenging part of achieving everything we want in life is controlling our behaviors. We don’t have much control over the results of our actions; however, we can control our efforts to obtain great results. For example, we can wake up early every morning, make our beds, build our business, exercise, and read books…
Overcome Financial Adversity
Everyone alive has some form of financial adversity to overcome. Even the people born with a silver spoon (rich) have to learn how to maintain their wealth. Let’s review some of the financial challenges we can all face at some time; then, we can work on overcoming them. Born poor. There is nothing we could…
When NOT to Use Credit Cards
Credit cards can actually be of great use in our wealth-building journey; if we use them correctly. However, before we can effectively use credit cards, we need to establish control of our finances and create passive income. Typical use of credit cards. In America, the common use of credit cards is buying liabilities that we…
Don’t Gamble with Retirement 5
It’s been 95 days since the last article in the Don’t Gamble with Retirement series (part 1, part 2, part 3, part 4). Over those 95 days, I have written 120 articles, plus created books and covers for each piece. It’s been a fantastic ride and one I look forward to continuing for the next…
Merry Debt-Free Christmas
How’s your holiday season going? Hopefully well. How about your finances? Again, hopefully well. If you are already debt-free, then I have some guidance for you on that front. If you are eager to reach that zero balance, this is the article for you. It’s hard to fully appreciate the finer things in life when…
Roth IRAs vs. Municipal Bonds: Who is the Tax-Free Champion?
Taxes are a necessary evil because they help fund the society where we live. However, our responsibility as investors is to minimize our tax bill in the most efficient legal way possible. Two ways I have previously discussed are through Roth IRAs and Municipal Bonds. But given $6,000 a year to commit, which method would…
How to Thrive in the Gig Economy
I don’t care for the sentiment, “You deserve to be happy.” It makes people think that life is supposed to be comfortable 100% of the time. When things get hard, often, our younger generation decides to move on to something new. That being said, people in their 20s and 30s probably will not do what…
Inflation vs. Passive Income 2: 5 Steps to Beat Inflation
Inflation is upon us. We are entering an inflationary time that the US hasn’t seen since the 1970s. We need to understand what inflation is and how we can combat it with sources of passive income. Luckily, I have been writing about inflation for the last 6-8 months, so I have some prior works you…
What Type of Home Business Should You Start 3: Online
After working in the “real world” for over 23 years, I am ready to start a home-based business. How about you? There are many businesses we can begin from home and make a decent living over the years. Welcome back to the What Type of Home-Based Business series (part 1, part 2), where I discuss…
